How profitable are crypto trading bots?

When delving into the profitability of crypto trading bots, it begs the question: how do these automated tools stack up against traditional trading methods? While they are often touted for their ability to execute trades at high speeds and with minimal human error, there are several factors to consider. Do they actually outperform human traders in terms of ROI? What about the initial investment cost and ongoing maintenance fees? Are there any hidden risks that could negate their potential gains? These are just a few of the queries one should pose when evaluating the profitability of crypto trading bots. Understanding their performance in a variety of market conditions and against different benchmarks is crucial in determining if they truly hold the key to successful crypto trading.